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105
Dec 10, 2012
12/12
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bob inet's hear from minnesota, republican caller. caller: there is a topic that nobody wants to talk about. it is the interest rate. the interest paid on our national debt. currently, most of the debt is under short term, under 1%. is manipulated by the federal reserve and the treasury department. it is going to go from a historic? -- a historic -- $1.50 trillion in interest annually on the national debt. how is that going to impact the military industrial complex in the near future when that actually comes to be? guest: that clearly is a ticking time bomb for any part of the federal government. we are in a period of unusually low interest rates. when they rise, it is going to be a body blow to the national politics and the country. the jump from 1% to 7% is such a massive increase in taxes that the only thing i can think of is greece. host: what does it mean for the pentagon? guest: greece used to be one of the only three non-u.s. countries in nato that was spending to% of gdp on national security. -- 2% of gdp on national security.
bob inet's hear from minnesota, republican caller. caller: there is a topic that nobody wants to talk about. it is the interest rate. the interest paid on our national debt. currently, most of the debt is under short term, under 1%. is manipulated by the federal reserve and the treasury department. it is going to go from a historic? -- a historic -- $1.50 trillion in interest annually on the national debt. how is that going to impact the military industrial complex in the near future when that...
90
90
Dec 26, 2012
12/12
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host: a tear from bob now in the democrat light. caller: thank you for letting me have a chance to speak. i am more optimistic -- i a more pessimistic than optimistic. i just do not think they will ever get together like they should. my one comment is when they start speaking about the cuts and the entitlements, the always a social security, medicare, medicaid. that is not the only entitlements. every government program that has a retirement benefit, a health-care benefit, those are entitlements, two, up to and including the entitlements for the congressman. let's be fair. when they start talking about entitlements and hold it to those three items, let's hold their feet to the fire and make them talk about entitlements for the other folks, too. host: appreciate you calling this morning. donna writes about this on twitter. if that to facebook here. -- back to you facebook here. budget showdown hits the keep week. that is of the front page reminding us of the deadline looming. it is a bloomberg story here out of the district. i you ca
host: a tear from bob now in the democrat light. caller: thank you for letting me have a chance to speak. i am more optimistic -- i a more pessimistic than optimistic. i just do not think they will ever get together like they should. my one comment is when they start speaking about the cuts and the entitlements, the always a social security, medicare, medicaid. that is not the only entitlements. every government program that has a retirement benefit, a health-care benefit, those are...
94
94
Dec 28, 2012
12/12
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bob is on the republican line from greenville, south carolina. caller: good morning. 35% of the homes in las vegas are leading up to the bible were second homes. that was speculation by individual americans, the individual people. in many cases they were building up the bubble. a device thato wri blows my mind. in california people on home prices would never come down. a certain percentage of the people were to blame for the home bubble gum does like they were to blame for the tech bubble. now they have loans attached to them and many walk away and then we have to print money from the federal reserve. how can you deny this did not happen? people just on home prices will go up forever and i will jump in and take a hold of this and then they go down and everybody wants to blame someone else. you don't see that at all happening in this equation? guest: in order for speculation to happen, you have to have rising prices in the first place. you did not the speculation taking place in texas or kansas or nebraska or north carolina, even though those area
bob is on the republican line from greenville, south carolina. caller: good morning. 35% of the homes in las vegas are leading up to the bible were second homes. that was speculation by individual americans, the individual people. in many cases they were building up the bubble. a device thato wri blows my mind. in california people on home prices would never come down. a certain percentage of the people were to blame for the home bubble gum does like they were to blame for the tech bubble. now...
81
81
Dec 27, 2012
12/12
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., we had dan and bob and they sat in an irish bar around the corner and worked out the tax bill in 1987, i believe the year was. that's the kind of leadership the article was just talking about. instead of the people that call up and paris at the propaganda, we really have to be practical. -- that parrot the propaganda. a house divided cannot stand. let me give my personal example. i live on $6.66 a day. that is food stamps. that is for single adults. i live on social security, $774 a month. i am trying to go back to cornell to do sustainable energy. we are in a double down on reaganomics in despite. jimmy carter had great inflation because for five years we were a peaceful country again. then reagan put us back into the largest military buildup in peacetime. i think that's what we ought to do is realize that did not work, just like some of the new deal stuff was not working correctly. what we have to do is c- span.org [indiscernible] i want to thank mr. richard delver of the department of transportation, because unlike michael bloomberg -- host: you have gone a little bit off track, bu
., we had dan and bob and they sat in an irish bar around the corner and worked out the tax bill in 1987, i believe the year was. that's the kind of leadership the article was just talking about. instead of the people that call up and paris at the propaganda, we really have to be practical. -- that parrot the propaganda. a house divided cannot stand. let me give my personal example. i live on $6.66 a day. that is food stamps. that is for single adults. i live on social security, $774 a month. i...
127
127
Dec 30, 2012
12/12
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i can remember bob michael former republican leader in the house saying i'm proud of voting for this. if you want a two bit congressman vote for somebody else. he kept getting reelected. host: john now on the democratic line. caller: good morning. thanks for having me on. my main thing is saying i think the problem is our g.d.p. we don't produce anything. we don't create any jobs. as far as china is concerned, we don't tariff, we don't put that high of a tariff on their imports but yet i don't know the exact numbers but i believe it's a lot higher that they tax our imports in their country. and the whole thing with jobs. he created the apple scommuret in california in his garage but yet when he got successful he moves all his company over to china, giving chinese people jobs. if steve jobs was born in china he wouldn't even have a garage therefore he wouldn't be able to create the apple computer. so i just think we just don't do enough for the people of this country. and the people who are in position to create jobs and do this do not reinvest in the country. therefore i don't think t
i can remember bob michael former republican leader in the house saying i'm proud of voting for this. if you want a two bit congressman vote for somebody else. he kept getting reelected. host: john now on the democratic line. caller: good morning. thanks for having me on. my main thing is saying i think the problem is our g.d.p. we don't produce anything. we don't create any jobs. as far as china is concerned, we don't tariff, we don't put that high of a tariff on their imports but yet i don't...